Bridgewater Associates, L.P. Co-Chief Investment Officer & Co-Chairman Ray Dalio recently launched a new weekly newsletter on LinkedIn called “The Changing World Order.”
General Motors announced recently that it is going to draw about $16 billion from credit lines in order to increase its liquidity during the COVID-19 pandemic.
Walmart subsidiary Flipkart is now resuming e-commerce services for essential products following federal and state government assurances on the safety of delivery staff.
Due to the COVID-19 pandemic, Twitter withdrew its quarterly forecast. Twitter originally issued guidance in early February at revenues of $825 million to $885 million for the first quarter.
The use of Facebook has surged due to the mass quarantine in order to combat the spread of COVID-19. And at the same time, Facebook has been seeing less of a demand for ads.
Arkose Labs, a provider of online fraud and abuse prevention technology, announced it raised $22 million in Series B funding led by Microsoft’s venture capital arm M12.
Dollar General has announced it is planning to invest about $35 million in bonuses for all store, distribution center, and private fleet employees. And the company is hiring 50,000 people.
CVS Health announced it is planning to hire 50,000 workers and pay bonuses to employees who will be working at its locations during the coronavirus pandemic.